Operational arrangements

CBL holds a cash account at the custodian. Against payment settlement takes place on Citibanamex cash account at the local central bank.

Bridge settlement

Yes

Shaping facility

No

Partial settlement

No

Settlement penalty fees

No

Pre-matching

Yes

Back-to-back processing

No

Allegements

No

Automatic compensation

No

Registered securities

Yes

Multi Market Securities

Yes

Lending and borrowing

Yes

For debt securities only.

Proxy voting

Yes

Investment Funds

No

Liquidity Hub Connect

No

Sale and purchase of rights

No

Repo services

No

Market restrictions

No

FTT

No

Daily reconciliation

Yes

Bilateral cancellation

No

Settlement finality

Settlements made through recognised payment systems including DALI (CSD settlement system), SPEI and SIAC (Central Bank payment systems) are final and irrevocable according to Mexican law.

Legal arrangements

The below section is based on the legal opinion obtained by CBL that was issued on 30 November 2016. The information is provided for guidance only and should not be considered in isolation or as constituting a complete or definitive legal advice on any specific matter.